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Metal Commodities

Gold demand hit record highs in 2023 amid geopolitical risks, China weakness

by Merchant Moller
Gold demand hit record highs in 2023 amid geopolitical risks, China weakness

Gold purchases from central banks led to last year’s surge, with purchases exceeding 1,000 tons for two consecutive years. Traffic_analyzer | Istock | Getty Images Gold demand hit record highs …

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Saudi Arabia nearly doubles estimate for the value of its mineral resources

by Merchant Moller
Saudi Arabia nearly doubles estimate for the value of its mineral resources

Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during its Future Minerals Forum held in Riyadh this week, ministers …

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Copper appears set to rally more than 75% by 2025, analysts say

by Shen Ridenbaugh
Copper appears set to rally more than 75% by 2025, analysts say

A worker tying copper wire rods before loading them onto a truck in Huai’an, Jiangsu Province of China. Vcg | Visual China Group | Getty Images Copper prices are set …

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An eighth week of gains for markets?

by Merchant Moller
An eighth week of gains for markets?

The Wall Street bull statue is pictured in the Manhattan Borough of New York. Carlo Allegri | Reuters This report is from today’s CNBC Daily Open, our new, international markets …

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A century-old steelmaker key to solving climate tech’s recycling issue

by Shen Ridenbaugh
A century-old steelmaker key to solving climate tech’s recycling issue

One of the first questions Tamara Lundgren often heard when she introduced herself as the CEO of Schnitzer Steel is, “What kind of steel do you make?’” Founded in 1906 …

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